Businesses remitted $782 billion in state and native taxes in fiscal year 2018, of which $297 billion (38.zero %) was for property taxes. The property taxes included tax on actual, private, and utility property owned by businesses (Phillips et al. 2019). Since property taxes can be a large burden on business, they will have a major effect on location choices. Property taxes matter to companies, and the tax price on commercial property is usually larger than the tax on comparable residential property.
Amanda Forrester, the director, mentioned money remains to be out there but not sufficient business house owners are profiting from it, particularly women and minority owned businesses. The Roanoke Regional Small Business Development Center … Read More